Get in on BWX Technologies Inc.’s (BWXT) buy-in window today!

BWX Technologies Inc. (NYSE: BWXT) stock jumped 2.22% on Monday to $76.48 against a previous-day closing price of $74.82. With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.87 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $76.89 whereas the lowest price it dropped to was $75.07. The 52-week range on BWXT shows that it touched its highest point at $76.26 and its lowest point at $49.13 during that stretch. It currently has a 1-year price target of $79.57. With its current market cap of 6.95 billion, BWXT has annualized dividend of $0.92 while the current yield stands at 1.20%. Beta for the stock currently stands at 0.83.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BWXT was up-trending over the past week, with a rise of 4.71%, but this was up by 7.73% over a month. Three-month performance surged to 9.68% while six-month performance rose 25.29%. The stock gained 41.87% in the past year, while it has gained 31.68% so far this year. A look at the trailing 12-month EPS for BWXT yields 2.44 with Next year EPS estimates of 3.14. For the next quarter, that number is 0.63. This implies an EPS growth rate of -19.70% for this year and 7.06% for next year. EPS is expected to grow by 2.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.40%.

Float and Shares Shorts:

At present, 91.63 million BWXT shares are outstanding with a float of 91.16 million shares on hand for trading. On Aug 30, 2023, short shares totaled 1.86 million, which was 2.03% higher than short shares on Jul 30, 2023. In addition to Mr. Rex D. Geveden as the firm’s Pres, CEO & Director, Mr. Robb A. LeMasters serves as its Sr. VP & CFO.

Institutional Ownership:

Through their ownership of 100.35% of BWXT’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 58.21% of BWXT, in contrast to 46.05% held by mutual funds. Shares owned by individuals account for 0.77%. As the largest shareholder in BWXT with 9.60% of the stake, BlackRock Fund Advisors holds 8,778,487 shares worth 8,778,487. A second-largest stockholder of BWXT, The Vanguard Group, Inc., holds 8,510,873 shares, controlling over 9.31% of the firm’s shares. Wellington Management Co. LLP is the third largest shareholder in BWXT, holding 6,566,557 shares or 7.18% stake. With a 3.23% stake in BWXT, the iShares Core S&P Mid Cap ETF is the largest stakeholder. A total of 2,952,123 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 3.11% of BWXT stock, is the second-largest Mutual Fund holder. It holds 2,845,476 shares valued at 209.88 million. Vanguard Small Cap Index Fund holds 2.61% of the stake in BWXT, owning 2,382,513 shares worth 175.73 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, BWXT reported revenue of $554.21M and operating income of $83.92M. The EBITDA in the recently reported quarter was $125.00M and diluted EPS was $0.82.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BWXT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With BWXT analysts setting a high price target of $85.00 and a low target of $75.00, the average target price over the next 12 months is $81.00. Based on these targets, BWXT could surge 11.14% to reach the target high and fall by -1.94% to reach the target low. Reaching the average price target will result in a growth of 5.91% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded BWXT stock several times over the past three months with 2 Buys and 2 Sells. In these transactions, 2,709 shares were bought while 1,319 shares were sold. The number of buy transactions has increased to 16 while that of sell transactions has risen to 12 over the past year. The total number of shares bought during that period was 103,787 while 42,796 shares were sold.

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